McDonald’s Q2 earnings, sales jump on chicken sandwiches, promotions

McDonald’s Q2 earnings, sales jump on chicken sandwiches, promotions

McDonald's (MCD) is set to report its second quarter earnings before the opening bell on Wednesday, with analysts predicting a continuation of COVID-19 era takeout trends that helped make the fast food chain an unlikely beneficiary of the pandemic. 

Although McDonald's smashed Q1 expectations on strong drive-through and digital sales, Wall Street will be eager to see whether the current U.S. labor shortage may pose a threat to its ability to meet demand.

Here's what Wall Street is expecting, as compiled by Bloomberg: